OPEN-SOURCE SCRIPT
BOS & CHoCH
A clean, no-nonsense market structure indicator that automatically detects Break of Structure (BOS) and Change of Character (CHoCH) on any asset and any timeframe.
How it works
The script tracks swing highs and lows using pivot detection. When price breaks the last swing level, it's labeled as:
BOS — break in the direction of the current trend (continuation)
CHoCH — break against the current trend (potential reversal)
Since the logic is fully relative (pivot-based, no fixed values), it behaves identically on crypto, forex, indices, or stocks — from 1-minute charts to weekly.
Features
- BOS & CHoCH detection with clear on-chart labels
- Break confirmation mode: Close (filters fakeouts) or Wick
- Dotted extension of unbroken swing highs/lows — these act as resting liquidity targets
- Optional trend background & bar coloring
- Alerts for all four events (Bullish/Bearish BOS & CHoCH)
- Non-repainting: once printed, labels never change
Settings
Swing Length — higher values = only major structure, lower = more granular
Break Confirmation — Close is recommended to avoid wick fakeouts
Market structure is the foundation of any SMC or orderflow-based approach. Use CHoCH as an early warning for trend shifts and BOS as confirmation of continuation ideally combined with your own confluence (liquidity sweeps, volume, higher timeframe bias).
How it works
The script tracks swing highs and lows using pivot detection. When price breaks the last swing level, it's labeled as:
BOS — break in the direction of the current trend (continuation)
CHoCH — break against the current trend (potential reversal)
Since the logic is fully relative (pivot-based, no fixed values), it behaves identically on crypto, forex, indices, or stocks — from 1-minute charts to weekly.
Features
- BOS & CHoCH detection with clear on-chart labels
- Break confirmation mode: Close (filters fakeouts) or Wick
- Dotted extension of unbroken swing highs/lows — these act as resting liquidity targets
- Optional trend background & bar coloring
- Alerts for all four events (Bullish/Bearish BOS & CHoCH)
- Non-repainting: once printed, labels never change
Settings
Swing Length — higher values = only major structure, lower = more granular
Break Confirmation — Close is recommended to avoid wick fakeouts
Market structure is the foundation of any SMC or orderflow-based approach. Use CHoCH as an early warning for trend shifts and BOS as confirmation of continuation ideally combined with your own confluence (liquidity sweeps, volume, higher timeframe bias).
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
ORDERFLOW ACADEMY
Professional Indicators & Strategies for Every Market.
orderflow-academy.com
Professional Indicators & Strategies for Every Market.
orderflow-academy.com
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
ORDERFLOW ACADEMY
Professional Indicators & Strategies for Every Market.
orderflow-academy.com
Professional Indicators & Strategies for Every Market.
orderflow-academy.com
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。